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Current Attempt in Progress Lorena Manzone opened a dental practice on January 1, 2020. During the first month of operations, the following transactions occurred. 1.

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Current Attempt in Progress Lorena Manzone opened a dental practice on January 1, 2020. During the first month of operations, the following transactions occurred. 1. 2. 3. Performed services for patients who had dental plan insurance. At January 31, 860 of such services were performed but not yet recorded Utility expenses incurred but not paid prior to January 31 totaled 700. Purchased dental equipment on January 1 for 87.000, paying 24,00din cash and siening a 63,000. 2 year note payable. (a) The equipment depreciates 435 per month. (b) Interest is 630 per month Purchased a one-year malpractice Insurance policy on January 1 for 22,800. Purchased 1,500 of dental supplies. On January 31, determined that 300 of supplies were on hand . 4. 5. Prepare the adjusting entries on January 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit No. Date Account Titles and Explanation 1. Jan. 31 Prepare the adjustine entries on January 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually) No. Date Account Titles and Explanation Debit Credit 1. Jan. 31 2 Jan. 31 3(a). Jan. 31 3(b). Jan. 31 4. Jan. 31 S 5. Jan 31

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